CMR Green Technologies IPO, Day 2: CMR Green Technologies’ initial public offering (IPO) received a healthy response on the second day of bidding (June 4), with the issue subscribed nearly 4 times as of the latest available data on the NSE. The company, a non-ferrous metal recycler and a key player in the secondary aluminium…
Bharat Heavy Electricals Ltd’s shares remained in focus after UBS revised its stance on the stock, downgrading it to ‘Neutral’ while raising the target price to Rs 460, implying a potential upside of nearly 13 per cent from current levels. The brokerage cited a strong and visible order book providing long-term revenue visibility, but flagged…
Among the weapons that have helped propel India’s defence exports is the BrahMos missile system. In fact, India has signed a pact to export this supersonic cruise missile to Vietnam, while a similar deal with Indonesia is in the final stages. Notably, India has already sold the supersonic cruise missiles to the Philippines, as per…
As many as 15 stocks will turn ex-record date for dividends on Friday, June 5. This means that today, June 4, is the last day for investors to buy the shares so that they can become eligible for the payouts. According to the T+1 settlement of SEBI, investors interested in taking the benefit of the…
The company has fixed June 5, 2026, as the record date to determine shareholder eligibility for the buyback, which is the largest in Wipro’s history and the first in nearly three years. The proposed buyback size represents about 7.04 per cent of the company’s market capitalisation and 5.7 per cent of its paid-up equity share…
Shares of Trent, the owner of lifestyle and fashion department store chain Westside, value-fashion chain Zudio and hypermarket Star Bazaar, are in focus as today, June 4 is the record date for its first-ever bonus issue in the ratio of 1:2. According to SEBI’s T+1 settlement rules, investors must buy the company’s shares at least…
Capital gains tax: The cabinet on Wednesday, June 3, in a meeting chaired by Prime Minister Narendra Modi, discussed a significant cut in the taxes paid by global funds on the nation’s bonds, the people said, asking not to be identified as the details are private. The cabinet will also consider whether it should eliminate…
Namit Singh Sengar is a Chief Copy Editor with over seven years of experience in delivering content across diverse domains. Specialising in business news across personal finance, real estate, IPOs and markets, Namit brings an editorial eye and a deep understanding of complex subjects to his work. His educational foundation includes Post Graduate Diploma in…
ICICI Bank share price in focus: Private-sector lender ICICI Bank reported its financial results (standalone and consolidated) for the quarter and year ended March 31, 2026, on April 18. Net Interest Income (NII), a key indicator of a bank’s core earnings, rose to Rs 22979 crore in Q4 FY26, registering an increase of about 8.4%…
Bharat Heavy Electricals Ltd’s shares remained in focus after UBS revised its stance on the stock, downgrading it to ‘Neutral’ while raising the target price to Rs 460, implying a potential upside of nearly 13 per cent from current levels. The brokerage cited a strong and visible order book providing long-term revenue visibility, but flagged…
